According to Bloomberg news that cited a Fitch Ratings’ report, big banks need to raise billions to conform to capital requirements scheduled to be implemented by 2019. These are 29 biggest banks in the world that are referred to as systemically important financial institutions (SIFI) need to raise around $566 billion in total, representing about 23% of these banks’ current total common equity.
Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C), Goldman Sachs Group Inc. (NYSE:GS), JPMorgan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards